EURUSD: Buy or Sell?
Dear traders!
Breaking out of the bullish channel has fueled an impressive rally in EUR/USD, with the pair currently trading around 1.0806 and showing no signs of slowing down from the bulls.
In the short term, to maintain its upward momentum, EUR/USD must break through the key resistance level at 1.093. A successful breakout could extend its bullish journey. Conversely, if this resistance holds firm, selling pressure may increase, causing the price to reverse and trigger a corrective move against the current trend.
Breaking out of the bullish channel has fueled an impressive rally in EUR/USD, with the pair currently trading around 1.0806 and showing no signs of slowing down from the bulls.
In the short term, to maintain its upward momentum, EUR/USD must break through the key resistance level at 1.093. A successful breakout could extend its bullish journey. Conversely, if this resistance holds firm, selling pressure may increase, causing the price to reverse and trigger a corrective move against the current trend.
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⭐️I are here to help you make money:
Join the group to receive a free signal:
👉 t.me/+3S-9O67u1fw4MjBl
✅Det your account
✅ Consulting on gold, foreign exchange ...
Join the group to receive a free signal:
👉 t.me/+3S-9O67u1fw4MjBl
✅Det your account
✅ Consulting on gold, foreign exchange ...
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.